114.02 0.00 (0.00%)
After hours: 4:51PM EDT
|Bid||112.75 x 900|
|Ask||114.00 x 1000|
|Day's Range||113.42 - 114.36|
|52 Week Range||89.05 - 114.55|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||14.52|
|Earnings Date||Jul 16, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||1.56 (1.43%)|
|1y Target Est||119.05|
Visa earnings growth slowed but topped views. Visa stock fell slihgtly late. Fellow Dow Jones stock American Express reported mixed results on April 18
SAP SE (SAP) first-quarter results benefit from favorable growth in cloud revenues and expanding customer base. Also, the company guides higher operating profit levels for 2019.
American Express Company yesterday declared a semiannual dividend on the Company’s 5.200% Fixed Rate / Floating Rate Noncumulative Preferred Shares, Series B, of $26,000 per share .
As major U.S. airlines continue to win enormous contracts from big banks that covet their customers, do smaller carriers like JetBlue Airways have a disadvantage? And will newly announced routes to London matter for the New York-based airline in terms of revenues from credit card deals? This is a big issue. Historically airlines have made […] The post JetBlue Is Betting New London Routes Will Boost Credit Card Revenue appeared first on Skift.
Global payments company American Express Company (NYSE: AXP ) reported mixed first-quarter results Thursday, according to Guggenheim. The Analyst Jeff Cantwell maintains a Neutral rating on American Express ...
Moody's Investors Service ("Moody's") has assigned a provisional (P)Aaa (sf) rating to the Class A Fixed Rate Asset Backed Certificates and a provisional (P)Aa3 (sf) rating to the Class B Fixed Rate Asset Backed Certificates of Series 2019-2 to be issued by the American Express Credit Account Master Trust, sponsored by American Express National Bank.
Stocks are opening the week with record highs in sight. And that makes finding breakout stocks to buy an easy feat. Today's gallery will feature three such candidates for your consideration.The S&P 500 ended Friday 1.3% from all-time highs. The Dow was 1.5% from record territory, and the tech-heavy Nasdaq was already basking in new highs. With the bullishness of the market backdrop, an increasingly high number of stocks are returning to last year's glory days.Traders are fond of the so-called "bullish breakout" pattern because it presents an attractive low-risk entry to climb aboard uptrending stocks. When resistance gives way, old bears run for cover and new bulls swarm. Together, this creates a demand surge that can result in substantial upside follow through.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * If You Can Tolerate Risk, Hexo Stock Is a Buy I've scanned the market and found a handful of breakout stocks to buy. Take a look. Click to Enlarge Source: ThinkorSwim American Express (AXP)The breakout setup in American Express (NYSE:AXP) is particularly potent due to last week's earnings release. The numbers were good, and buyers flocked, driving the credit card giant to the cusp of record highs. On the price trend front, bulls control all time frames. The 20-day, 50-day, and 200-day moving averages are all heading northbound.Thursday's volume surge adds legitimacy to the rally, showing institutions are lending their support to the breakout bid. Though equities are weak this morning, AXP stock's down-gap is being quickly bought up. Throw it all together, and I suspect a breach of the $114.50 resistance zone is only a matter of time.To capitalize, buy the June $115/$120 bull call spread for $1.32. The risk is limited to the original cost, and the reward is $3.68. Click to Enlarge Source: ThinkorSwim Alibaba Group (BABA)Chinese stocks are pulling the emerging markets space higher this year. And that has led to some lucrative bullish plays in a few of its more popular companies including Alibaba Group (NYSE:BABA). Unfortunately, overhead resistance has conspired to end the internet giant's recovery attempts, resulting in six weeks of churn. Multiple attempts to breach $190 have failed, but I think buyers still stand a chance.The bullish backdrop in stocks coupled with BABA stock's uptrend still being intact lead me to continue to root for buyers. Fortunately, there's no need to speculate. Instead, we can simply wait for confirmation that resistance has finally given way and then deploy bullish trades. * 3 Stocks on Shaky Ground If BABA stock trade above $190, then buy bull call spreads. The June $190/$200 should do the trick. Your risk will be limited to the trade cost. Click to Enlarge Source: ThinkorSwim Costco Wholesale (COST)Spurred by a rousing earnings announcement in March, Costco Wholesale (NASDAQ:COST) shares have been on the rise. The rally was strong enough to vault above last year's peak to new record territory. Moving averages are rising across all-time frames and should embolden buyers.Over the past two weeks, we've seen resistance form near $247. The pause is more than justified because COST stock had become quite overbought. Consolidation allows the stretched conditions to ease and new, lower-risk entry points to emerge.While COST stock may need a bit more basing before breaking out, the time to prep trades is now. When COST rises above $247.25, consider buying the June $250/$260 bull call spread.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post 3 Strong Stocks Poised to Break Resistance This Week appeared first on InvestorPlace.
The Zacks Analyst Blog Highlights: Philip Morris, American Express, Honeywell, BB&T and SunTrust Banks
Visa and MasterCard are two of the most widely used credit card brands, but are the differences between the two significant enough to influence consumers?
The Dow Jones Industrial Average got a lift from a strong U.S. retail sales report and mostly better-than-expected earnings. nearly 2% after the credit card company posted stronger-than-expected first-quarter earnings, but rising expenses and rewards program costs ate into its bottom line. Stocks ended in positive territory Thursday buoyed by a strong U.S. retail sales report and mostly better-than-expected earnings.
The coveted American Express Centurion or "Amex Black Card" is the choice of the elite, but is it worth it, and how does it compare to the Amex Platinum card?
Credit card giant American Express reported mixed first-quarter results early Thursday, kicking off results for big payments stocks.
Although this year the stock market sentiment is in a much better state, the banks still have their reputation that they cannot hold their rallies. But therein lies part of the opportunity in American Express (NYSE:AXP) stock today.Source: Marcus Quigmire Via FlickrThis round of bank earnings has so far gone much better than the last one. There is some chatter about a sustainable rally in their stocks. On Tuesday we even saw a flip from red to green in stocks like Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM).This hasn't happened in a while, so perhaps the trend that banks can't hold their greens is dying. If so then this will provide a lift to AXP stock as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, transaction companies like AXP, Visa (NYSE:V), MasterCard (NYSE:MA) and Square (NYSE:SQ) rally in sympathy with money center banks. So if the Financial Select Sector SPDR Fund (NYSEARCA:XLF) rallies then so will the transactors like AXP.In addition, AXP is an excellent financial stock that has proven over the years that they can manage through adversity. Case in point was the debacle over losing the Costco (NASDAQ:COST) account. The stock suffered for a while but has since set new all-time highs.I was lucky to ride the last mega breakout in AXP from the December lows. American Express rallied over 25% so today I am trying to catch the next opportunity. Usually, I consider these technical opportunities tactical trades but this one doubles as a long term conviction investment. This is a stock I want to own for the long term. * 10 Best Stocks to Buy and Hold Forever The reaction this morning is slightly negative from the earnings. Management reported a boring quarter where they barely beat the bottom line and narrowly missed sales. The forward guidance was in line so they gave traders nothing to cheer. So AXP will move in line with the overall equity market for now.So if this rally in stocks continues, then AXP stock has the opportunity to break out from $114.40 to target another $10 run from there. There will be resistance there but if the bulls can close above it then the bears will be tired so the stock will overshoot higher.The macroeconomic condition still favors the bullish thesis. We do have threats from lingering headlines of tariff wars. But as we approach another round of elections means that those deals will happen so we go back to trading the profit and loss statements rather than headlines.Most importantly, the threat from the Federal Reserve inverting the curve has disappeared. They have affirmed that they won't cause the short term rates rise above the long term rates so this relives fears for banks. The steeper the curve the better are their profits.For American Express stock, the short term price action from the earnings headline is meaningless for the long term. All global transactions will be electronic so the demand on their services will continue to increase. There are only but a few companies that serve this market and they are a global household name. So they are well set to continue to prosper for years.Then there is the China market opportunity. The U.S. and China are nearing a deal where companies like AXP could have a new opportunity become available in the largest market on the planet.The short term technical threat for AXP stock is at $108 per share. If the bears push price below it they could target $102 per share. This is not a forecast but it is a scenario that could unfold in the next few weeks. But even then, this won't change the overall opportunity for the long term.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Why You Should Buy and Hold American Express Stock appeared first on InvestorPlace.
Berkshire-Backed StoneCo Tumbles after ITUB Ups AnteStoneCoStoneCo (STNE) was trading down 27.6% as of 1:30 PM ET. The negative price action was driven by an announcement by Itaú Unibanco Holding (ITUB). Reuters reported, “Rede, Itaú’s card
Read about the most important subsidiaries of American Express Company, including two banks, an insurance company and a fraud protection company.
The Dow Jones today was in the driver's seat in afternoon trading Thursday, led by Travelers and American Express which reported strong earnings.